FORMER MODEL! LIGHT-FILLED 4BR/3.5BA BRICK END UNIT WITH DETACHED 2 CAR GARAGE. HIGH CEILINGS, WINDOW TREATMENTS, GRANITE COUNTERS IN KITCHEN,WOOD FLOORS, FRENCH DR OFF LIVING RM LEADS TO DECK...
WONDERFUL RENTAL OPPORTUNITY IN GREENWICH FOREST...RENOVATED & READY TO MOVE-IN. BETHESDA MAGAZINE CALLED HAMPDEN LANE "ONE OF THE PRETTIEST STREETS IN BETHESDA"...
Opportunity awaits! NY-style renovation of farmhouse--gorgeous top to bottom! Attention to all the details, why wait? Minutes to Pot Village, Kentlands, or Harris Teeter...
Beautifully maintained & renovated 6 Bdrm/5.5 Bath home in sought after community w/ great amenities! Hdwds, high ceilings, updated Kitchen, huge formal Dining Rm.Fully finished WO LL...
1 of 1 photos , DC For Sale $254,800 1 Beds / 1 Baths
Open Sun 8/08 1-4pm 730 sqft w/freshly painted neutral colors, parquet floors in LR replaced a few years ago, new w-to-w carpet in the BR. Mini blinds are on each of the large west facing windows...
A fabulous home, ready to move into! Sited on a half acre of land, this home has it all. Eat-in Kitchen, open living room and dining room, 3 BRs on main floor...
Have you heard of move-in ready? This is it! Fantastic 6BR/3BA colonial, each room flows to the next. Hardwoods thru out main & UL. Kitchen & all baths updated...
Escrow
A neutral third party holds documents and money for a local BETHESDA real estate transaction and ensures
that all conditions of a sale are met. That in a nutshell is the definition of Escrow.
A special account that a lender uses to hold a borrower's monthly payments on BETHESDA home taxes and insurance also refers to an escrow.
The amount of money that you will be required to come up with at escrow depends on a number of factors, including the cost of the house and the type of mortgage you get. In general, you need to come up with enough money to cover three costs: earnest money - the deposit you make on the BETHESDA home when you submit your offer, to prove to the seller that you are serious about wanting to buy the house; the down payment, a percentage of the cost of the BETHESDA home that you must pay when you go to settlement; and closing costs, the costs associated with processing the paperwork to buy a house.
When you make an offer on a home, your local BETHESDA real estate broker will put your earnest money into an escrow account. If the offer is accepted, your earnest money will be applied to the down payment or closing costs. If your offer is not accepted, your money will be returned to you. The amount of your earnest money varies. If you buy a HUD home, for example, your deposit generally will range from $500 - $2,000.
The more money you can put into your down payment, the lower your mortgage payments will be. Some types of loans
require 10-20% of the purchase price. That's why many first-time homebuyers turn to HUD's FHA for help. FHA loans
require only 3% down - and sometimes less.
Some BETHESDA real estate buyers hold monies in escrow because it helps ease closing costs.
Closing costs - which you will pay at settlement - average 3-4% of the price of your home. These costs cover various
fees your lender charges and other processing expenses. When you apply for your loan, your lender will give you an estimate of the closing costs, so you won't be caught by surprise. If you buy a HUD home, HUD may pay many of your closing costs.
Property Inspection - Regardless of what the inspector may uncover, you shouldn't be
overly concerned about the actual home inspection
Pick An Offer - Picking among several offers isn't always as easy as choosing the highest price, especially in hot markets.
Open House Expectations - Was vacating your home for four or five prime-time hours worth the
inconvenience?
Your Open House - Was vacating your home for four or five prime-time hours worth the
inconvenience?
Your Open House - Public open houses may be more beneficial for the
agents themselves than for the home sellers.
Marketing Info - Your broker's marketing efforts and considerations will
include advertising, showing the property, how long the house has been on the
market and whether you're buying another home.
Selling My Property - The age-old observation that "you never get a second chance to make a first impression" certainly applies when it comes to attracting buyers to a for-sale home.
Getting BETHESDA Real Estate Ready - A
house that "sparkles" on the surface will sell faster than its shabby neighbor,
even though both are structurally well-maintained.
A neutral third party holds documents and money for a local BETHESDA real estate transaction and ensures
that all conditions of a sale are met. That in a nutshell is the definition of Escrow.
A special account that a lender uses to hold a borrower's monthly payments on BETHESDA home taxes and insurance also refers to an escrow.
Equal Housing Opportunity